 T. F. N. N. Headline news update. Good afternoon, folks. Steve Rhodes coming to you live from the shores of very sunny Delray Beach, Florida. This is your 2 p.m. update. Currently got all of the U.S. indices trading to the upside. The Dow. She's up 65 points, a two-tenths percent. S&P five points, one-tenth. NASDAQ 108 points, not a point, zero-five percent to the upside. Russell's up four-tenths, nine points. The semis are up one-and-seven-tenths percent. 62 points. The trend is up 39. All right. What does all of that mean? Jelly bean. What that means? Let's go take a look at our eight-panel, indices charts out here. Let's go look as we populate this. The first chart that's going to pop up, well, it's going to be all of them. But in your upper left-hand side, you're going to see the Dow Jones Industrial Average. Today is going to become bar number eight of a TD nine count. On those TD nine counts, they can form tops and bars eight, nine to the bar following nine. That says in the Dow, we could or should anticipate at least a short-term top to form between today and Wednesday. The S&P 500 today is going to become bar number nine. It has a valid TD nine count top. Their high so far was Thursday's high, could get a higher high tomorrow out there and still maintain the pattern. In both instances, once those TD nine counts take effect, we should see price pull back to those oscillator and change line levels. 36 065 in the Dow, 4644 inside the S&P 500. Let's not leave out the NDX 100. It too is going to form bar number nine of a TD nine count today. Again, it can spike higher, close higher tomorrow. But when the pattern is complete, we should see price pull back to the 16 028 level. That's its green oscillator and change line. Russell 2000, no such pattern, only in bar number six. So in order for it to identify a top, you need to see a bearish reversal candle to confirm a sell the D point. The semis today are going to form bar number eight. So they've lined up with the Dow, the S&P and the NDX 100. Of course, they'll need to form bar number nine tomorrow. That should not be difficult at all. The question is, does it's high form on bars eight, nine or the bar following bar number nine? I'll go with the bar. I'll go with bar number nine out there. In the case of the transports out here, not much really to report on the spot bulletinics. There is something report on here. The spot politics getting up to 17 69 as it's high today. 17 71 is that 50 day exponential moving average out there. And if you see a close above 17 71 today, at this stage does not look like we would have a one day rate of change above plus 10%. And that would signal that inside the S&P 500 CD nine top has taken place a price to go target that oscillator unchanged line. Folks stay tuned. David White with the power trading hour. He's up next. I'll be back with it tomorrow. Get one o'clock sharp for the market update. Traders that show just a few minutes after that. Have a magical Monday, folks. Thanks much for joining us.